1203 Luna, Austin TX 78721

The market data from 4 similar recent sales in 78721 points to a value of approximately $425,119. To sell within a reasonable timeframe at fair market value, the $522,000 to $561,000 range is where I'd position this. Against 7 similar active listings in 78721, this price point lands at the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Buyers in 78721 have 7 comparable options right now, with asking prices between $425,000 and $649,999. In 78721, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 5006 Lott Ave # 2, Austin TX 78721, adjusting to $400,627; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group